Iran starts piloting helium extraction
Iran has launched its first pilot project for extracting and purifying helium from natural gas. Mohammad Eslami, Head of the Atomic Energy Organization of Iran (AEOI), announced the operational launch…
Bloom Energy and Chart Industries partner on fuel cell-based carbon capture
Californian fuel cell specialist Bloom Energy has formed a carbon capture partnership with Chart Industries, through which the parties will utilise natural gas and fuel cells to generate near-zero-carbon power.…
Aramco to Acquire 25 Percent in Philippine Fuel Retailer
Saudi Arabian Oil Co. (Aramco) has signed agreements to buy a 25 percent stake in retail network operator Unioil Petroleum Philippines. Inc. The oil giant plans to use the Filipino…
Centrica signs 15-year LNG deal with Brazil’s Petrobras
International energy supplier Centrica has signed a 15-year liquefied natural gas (LNG) sales and purchase agreement to supply Brazilian oil and gas company Petrobras. Under terms of the signed contract,…
German Watchdog Finds Competition Risks in Oil Market Pricing
ByCharles Kennedy– Feb 19, 2025, 10:30 AM CST Germany’s oil and fuels market faces risks to competition due to the pricing mechanisms, the antirust watchdog, Bundeskartellamt, said in a report…
Texas RRC assesses more than $1.3 million in penalties for oil and gas violations
North America Regulatory February 20, 2025 The Railroad Commission of Texas assessed $1,346,019 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday.…
BP Shareholders Seek Vote on Fundamental Reset of Strategy
BP Shareholders Seek Vote on Fundamental Reset of Strategy | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 19, 2025, 9:30 AM CST A group of four dozen institutional…
EU Blacklists More Russian Shadow Tankers in New Sanctions Round
EU Blacklists More Russian Shadow Tankers in New Sanctions Round | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Feb 19, 2025, 8:30 AM CST As U.S. President Donald Trump…
Goldman Sachs: Ukraine Peace Won’t Hike Russia’s Oil Supply
ByTsvetana Paraskova– Feb 19, 2025, 7:15 AM CST Potential sanctions relief on Russia in case of a ceasefire or peace deal for Ukraine will not boost materially Russia’s oil supply…
China’s Clean Energy Investments Near Total Global Spend on Fossil Fuels
ByTsvetana Paraskova– Feb 19, 2025, 6:00 AM CST Chinese investments in clean energy rose again in 2024, to the equivalent of $940 billion, which was close to the total global…
